“On that basis, global oil supply looks set to rise by 690 kb/d on average ... the IEA forecast global oil demand peaking by 2029 and beginning to contract the following year, as the U.S ...

by 2029, the EV shift will “bring total demand to its apex”. Some are more cautious. Take the peak oil prediction “with a grain – or boulder – of salt”, warned Axios. “Supply and ...